PETALING JAYA: After many years of serving mining companies in the oil and gas sector, Sumatec Resources Bhd decided life should be easier as a miner.
That decision was made in May last year when the price of gold was about US$450 an ounce and copper was US$3,000 a tonne. Since then, the gold price has shot up to US$570 while copper is now over US$5,000.
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